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With quotas, women make boardroom gains in Europe

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Women are beginning to crack Europe's boardroom glass ceilings thanks to government quotas, while their advance in the United States has nearly stalled, a new study found. The inclusion of more women in boardrooms is crucial to boosting financial performance and, in turn, economic growth, the Washington-based Corporate Women Directors International said. The global percentage of board seats held by women grew to 13.8 percent in 2011 from 10.4 percent in 2004, according to the 2011 CWDI report released Friday.